Is Hampden, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hampden has remained a Seller's Market.
Housing Prices in Hampden, MA
How much do homes in Hampden, MA cost?
Median Sold Price
$405,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hampden was $405,000 in April 2024, up 15.7% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | - | N/A |
2 Bedrooms | $305K | $290K | -4.9% |
3 Bedrooms | $330K | $375K | +13.6% |
4 Bedrooms | $414K | $560K | +35.3% |
5+ Bedrooms | $387.4K | $575K | +48.4% |
Summary: Hampden housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 48.4%.
Median Sold Price Compared To Nearby Cities
Hampden | $350K | $405K | +15.7% |
Stafford Springs | $253K | $276K | +9.1% |
Wilbraham | $405K | $431K | +6.4% |
Monson | $335K | $339.5K | +1.3% |
Housing Supply in Hampden, MA
How many homes are available in Hampden, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Summary: The Hampden real estate market had 14 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Hampden housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Hampden in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Hampden, MA
How long does it take to sell a home in Hampden, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 28 Days | -40.0% |
Summary: Homes in Hampden had an average of 28 days on market in Apr 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Hampden; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.